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20120901
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CNBC
Sep 10, 2012 3:00pm EDT
your wallet? here's your invoice. >>> welcome back. steve wynn is $30 million richer in los angeles. big jury award. jayne wel jane wells. >> jury ordered joe francis to pay steve wynn $20 million in a slander lawsuit brought by the casino owner. francis said wynn wanted him killed and buried in the desert over a $2 million gaming debt. wynn's $20 million win is on top of $9.5 million francis has already been ordered to pay wynn in two previous lawsuits going back to 2008. so, wynn is 3-0 in court. the key witness in this case was quincy jones, whom francis said showed him e-mails proving wynn wanted him dead. jones testified he never said that, no e-mail was produced so apparently what happens in vegas sometimes ends up in court in los angeles. >> holy cow. he only asked for $12 million and he got $20 million. that's amazing. >> $12 million in compensatory and punitive. so $20 million is the total gift. >> now he has to collect it. >> thank you. >> thank you. >> good luck with that. >>> another market monday. dow trying stay out of the red for the 13th monday in the last 14. not looking
CNBC
Sep 4, 2012 3:00pm EDT
continue. julia boorstin in los angeles, thank you. >>> we're coming back with the clothes countdown for this tuesday. >>> then donald trump takes aim at opec. listen to this. >> opec can't wait. they are so greedy, they just keep going and they don't care. they'd love to see obama get in. they are dying to have obama get in but they can't wait that extra 70 days. >> is trump right? former shell oil president john huffmeiser weighs in and why he thinks you'll soon be shelling out $5 a gallon for gasoline. [ male announcer ] if you believe the mayan calendar, on december 21st polar shifts will reverse the earth's gravitational pull and hurtle us all into space. which would render retirement planning unnecessary. but say the sun rises on december 22nd, and you still need to retire. td ameritrade's investment consultants can help you build a plan that fits your life. we'll even throw in up to $600 when you open a new account or roll over an old 401(k). so who's in control now, mayans? >>> okay. starting off the month of september. three minutes left in the trading session. let's do a quick
CNBC
Sep 12, 2012 3:00pm EDT
baby drill in the u.s. >>> meantime, a lot of people in los angeles came out to watch this car chase because the driver was throwing mope. what's that all about? ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're d
CNBC
Sep 7, 2012 3:00pm EDT
stock today. it's all because of apple. julia is in los angeles. >> apple wants to make money off of when users use the devices which include listening to pandora. a preinstalled apple radio app would pose a more serious threat compared to others. pandora's free with ad streaming dominates the online radio market. news of apple's interest in this space is being called a negative saying it's surprising considering their very high royalties. but apple is interested because it wants to keep all music listening in it's eco system. the mobile revenue lags pandora's and an e-marketer says it predicts that pandora adds will grow more than three times. neither apple or pandora will comment on this news that apple is interested in moving into this space. >> julia, spotify is not publicly traded, but would they face the same challenges? >> i think any time a giant like apple moves into your territory if is a bad thing. so far, apple has been so focused, i think it has allowed companies like pandora and spotify to grow. i think the entry of apple would definitely prove a challenge. >> got it, t
CNBC
Sep 12, 2012 4:00pm EDT
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FOX Business
Sep 20, 2012 3:00pm EDT
air is so much cleaner in los angeles. i mean, there are good sides to that, but, again, you're in the energy capital of the world in houston. what's the number of one thing they are talking about there? >> well, they are talking about basically how much better their economy is than the rest of the country, and maybe they don't want to brag about it, but we do. that's why we are here too check it out. the economy grew at more than 8%, 8.6% n 2011, and they replaced all of the jobs that were lost in the recession. we want to find out what that's about. a lot of has to do with energy,t back in the 1980s, last time we saw the oil bubble burst, 87% of the jobs dependent on oil and gas. they diversified a lot since then and learned a lesson. now it's half. we will talk to rich, who just moved up on the forbes 400 list released yesterday. he moved up ten spots because the net worth increased by 3.3 billion or 3 billion i think was last year. can you imagine that? i didn't make $3 billion last year, liz, did you? liz: no. >> we'll see where he has money and where he's investing next and w
CNBC
Sep 11, 2012 4:00pm EDT
york, london, miami, los angeles, paris, you name it. >> so we still have obviously a lot to do. >> logistics. it's not just their using missiles, it's their handing material off to terrorists. >> that's extraordinary. these pictures we were showing from 9/11, they're very, very difficult to watch. it's actually amazing we survived what we did. let me switch gears a bit, if you'll allow me to. i want to get your take on an important event in chicago. it's teachers in chicago on strike right now. the issues are not new. we're talking about pay, benefits, evaluating teachers. what's your reaction to what's going on in chicago? >> first of all, i wouldn't say teachers. i'd say the teachers union. i personally don't believe teachers have the right to strike. i don't think the police do, the army. i worked for ronald reagan. when the air traffic controllers went on strike, he said let me see the oath. how can i allow them to go on strike? suppose the army goes on strike. suppose the police go on strike. teachers shouldn't be able to go on strike. they should have compulsory bargainin
FOX Business
Sep 10, 2012 3:00pm EDT
against girls gone wild creator joe francis. a los angeles jury awarded wynn $20 million after francis claimed wynn threatened to kill him and bury him in the desert. and the u.s. is experiencing its warmest year in history so far, that's according to the national oceanic and atmospheric administration. all but one of the lower 48 states is registering temperatures above the historical average so far this year. and now we continue our countdown to the losing bell with -- to the closing bell with liz claman. liz: so ford is breathing new life into a plant in michigan. surely the state needs it. with a closer look at how the auto industry is doing, we'll go to nicole at the new york stock exchange and jeff flock from flat rock, michigan. jeff, give us a taste of what this will really mean. >> reporter: it could have been a plant that was shut down, and you're looking exclusively on the line here at the flat rock assembly plant. today for the first time a ford-only plant. it was a joint venture with mazda, now it is just ford. they make the mustang here but soon, liz, they will ma
FOX Business
Sep 28, 2012 3:00pm EDT
is intended to be the meeting place much like in boston or the grove in los angeles or an area like times square, this is where you want to go if you're in vegas where ever you are saying to the intense 24 hours per day. liz: online gambling. before the rules became more restrictive, online gambling was bringing in more than a billion in revenue, you're able to capitalize in a certain way on gaming that is more social, what is it? >> casino games play for fun. liz: how do i find them? >> go to facebook or your ios provider or your android provider and download games and yoyoucan play them on mobile de, extended the lead trade became for a few dollars. liz: is this better for when online gambling is legalized? >> i think both. it requires rules and jurisdiction, i think this is legal for every human being on the planet to play no matter where or what age. liz: thank you very much. caesars entertainment, a new publicly traded company but it has been around, we all know the name and the brand, thank you. look forward to seeing the horseshoe casino next week. appreciate it, thank you. w
CNBC
Sep 24, 2012 4:00pm EDT
conference in los angeles, head of double line capital says he's upping the reward for more than a dozen rare paintings stolen from his house in west l.a. earlier this month. he had earlier offered $200,000 for information leading to the safe return of this. he's now upped it significantly for specific paintings. here's what he had to say. >> $1 million for the undamaged return of this picture by piet mundrian, successfully undamaged. in addition, i'm offering a $500,000 reward for the successful return undamaged or information leading to the successful return undamaged of this work by jasper johns called green target and these two artworks by joseph cornell. >> award money now totals $1.7 million for the successful and undamaged return of painting from gundlach's home. $5 million were stolen from his house, including a red porsche, watches, but it's the artwork he's most fond of. we asked if it was insured. he would not comment. he only said about the investigation they're looking at, quote, a couple of avenues and they're hopeful. >> thank you so much. let's go over to jackie d'angelo
FOX Business
Sep 5, 2012 3:00pm EDT
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Search Results 0 to 10 of about 11